Warby Parker Gets $245M in Funding

Warby Parker has closed on $245 million in funding, TechCrunch reports.

Participating in the round were D1 Capital Partners, Durable Capital Partners, T. Rowe Price and Baillie Gifford.

With the funding, the optical retailer is now valued at $3 billion, according to the article.

The company’s last reported valuation was $1.75 billion in 2018, Fortune reports.

The new funding consists of two rounds — a $125 million Series F round in the second quarter and a $120 million Series G round in the third quarter.

The company’s total funding now stands at just over $535 million.

Read more at TechCrunch